Looking to balance out your exposure to RCH.TO? The ETFs below have the lowest correlation with RCH.TO — they tend to move on their own, which can help reduce risk when RCH.TO drops. The stock ideas table highlights individual companies that behave independently from RCH.TO.
No Diversifiers Found for RCH.TO
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from RCH.TO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to RCH.TO and solid risk/return profiles. The least correlated is Tourmaline Oil Corp. (TOU.TO) (Energy) with a 1Y correlation of -0.13, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Tourmaline Oil Corp. | -0.13 | 0.06 | 0.08 | 50 | Energy | |
| Imperial Oil Limited | -0.04 | 0.07 | 0.07 | 92 | Energy | |
| Linamar Corporation | 0.41 | 0.36 | 0.38 | 90 | Consumer Cyclical |
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